In the model where it is assumed that the state of technology does not change, what parameters and/or variables cause changes in steady state output per worker?
A) savings rate
B) depreciation rate
C) human capital per worker
D) all of above
E) none of above
D
Economics
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An increase in quantity demanded a. illustrated by a movement downward and to the right along a demand curve. b. illustrated by a movement upward and to the left along a demand curve. c. shifts the demand curve to the left
d. shifts the demand curve to the right.
Economics
A person who has auto insurance is likely to drive a little less safely and to take less care in parking their car in a safe place off the street. This is an example of a problem called:
A. externality. B. signaling. C. moral hazard. D. adverse selection.
Economics